India's National Payments Corporation is planning partnerships with several startups to enable biometric authentication for UPI transactions. The new system would enable fingerprint authentication to authenticate UPI payments on Android devices and face ID on iPhones instead of the current four—or six-digit UPI PIN. This comes barely a week after the Reserve Bank of India (RBI) sought other models for additional factor authentication (AFA) in digital transactions. The central bank mentioned that further opportunities for using PINs and passwords should be considered along with biometric methods, such as fingerprints. As mentioned in...